Financial Summary (All financials)
| In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| Revenues | 7,785.0 | 6,793.0 | 5,992.0 | 5,963.0 | 5,823.0 | 5,963.0 | 6,018.0 | 4,367.0 |
| Revenue growth | 14.6% | 13.4% | 0.5% | 2.4% | -2.3% | -0.9% | 37.8% | -4.9% |
| Cost of goods sold | 2,872.0 | 2,706.0 | 2,466.0 | 2,305.0 | 2,258.0 | 2,091.0 | 2,206.0 | 1,855.7 |
| Gross profit | 4,913.0 | 4,087.0 | 3,526.0 | 3,658.0 | 3,565.0 | 3,872.0 | 3,812.0 | 2,511.3 |
| Gross margin | 63.1% | 60.2% | 58.8% | 61.3% | 61.2% | 64.9% | 63.3% | 57.5% |
| Selling, general and administrative | 0.0 | 0.0 | 0.0 | 0.0 | 855.0 | 824.0 | 0.0 | 38.0 |
| EBITA | 1,128.0 | 915.0 | 880.0 | 1,016.0 | 1,157.0 | 1,129.0 | 1,226.0 | 617.0 |
| EBITA margin | 14.5% | 13.5% | 14.7% | 17.0% | 19.9% | 18.9% | 20.4% | 14.1% |
| Amortization of intangibles | 14.0 | 13.0 | 14.0 | 15.0 | 15.0 | 22.0 | 25.0 | 54.0 |
| EBIT | 1,114.0 | 902.0 | 866.0 | 1,001.0 | 1,142.0 | 1,107.0 | 1,201.0 | 563.0 |
| EBIT margin | 14.3% | 13.3% | 14.5% | 16.8% | 19.6% | 18.6% | 20.0% | 12.9% |
| Pre-tax income | 841.0 | 664.0 | 568.0 | 812.0 | 757.0 | 123.0 | 1,009.0 | 302.0 |
| Income taxes | 20.0 | 21.0 | 29.0 | 169.0 | 167.0 | -259.0 | 377.0 | 29.0 |
| Tax rate | 2.4% | 3.2% | 5.1% | 20.8% | 22.1% | | 37.4% | 9.6% |
| Net income | 881.0 | 707.0 | 581.0 | 667.0 | 587.0 | 381.0 | 632.0 | 273.0 |
| Net margin | 11.3% | 10.4% | 9.7% | 11.2% | 10.1% | 6.4% | 10.5% | 6.3% |
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| Diluted EPS | $2.28 | $1.97 | $1.88 | $2.15 | $1.90 | $1.23 | $2.04 | $1.07 |
| Shares outstanding (diluted) | 387.2 | 358.6 | 309.6 | 309.5 | 309.7 | 309.7 | 309.8 | 254.6 |
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| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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